52 Week Range
As of on the Nigerian Stock Exchange ∙ Minimum 15 minute delay
3M AVG Volume
52 Week High
52 Week Low
Shares Out (MIL)
Market Cap (MIL)
Dividend (Yield %)
Nestle Nigeria Reports Lower Profit Before Income Tax For Period Ended Sept. 30
Nestle Nigeria Qtrly Profit Before Income Tax 17.45 Bln Naira Vs 19.12 Bln Naira
Nestle Nigeria FY Profit Before Income Tax 71.12 Bln Naira Vs. 59.75 Bln Naira
Nestle Nigeria Plc is a food manufacturing and marketing company. The Company is engaged in manufacturing, marketing and distribution of food products, including purified water throughout the country. It operates through two segments: Food and Beverages. The Food segment includes production and sale of Maggi, Cerelac, Nutrend, Nan, Lactogen and Golden Morn. The Beverages segment includes production and sale of Milo, Chocomilo, Nido, Nescafe and Nestle Pure Life. It manufactures and markets a range of brands, which include Infant Formula-Nestle NAN, Infant cereals-Nestle NUTREND, Nestle CERELAC, Family cereals-Nestle GOLDEN MORN, Confectionery-Nestle CHOCOMILO, Bouillon-MAGGI Cube, MAGGI Mix'py and Table Water-Nestle PURE LIFE. Its products include MAGGI Star Cube, MAGGI Crayfish, MAGGI Chicken, Ginger & Garlic, Golden Beef and Classic. It promotes food cultures through MAGGI Star Cook participatory cookery program in neighborhoods, and MAGGI Women Forum, a home management program.
22-24, Industrial Avenue, Llupeju
David C. Ifezulike
Jagdish Kumar Singla
Finance & Control Director, Executive Director
Bode B. Ayeku
Company Secretary/Legal Advisor
Market Head of Nestle Middle East and North Africa
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Nigerian stocks soared to a more than 16-month high on Friday as funds piled into equities, propelled by low interest rates and as early third-quarter corporate earnings showed some companies have weathered the impact of the COVID-19 crisis, traders said.
Nigerian stocks climbed to a nine-month high on Wednesday after curfews imposed last week to curb protests over alleged police brutality were eased and investors piled into consumer goods shares.
Nigerian funds are switching back to equities from fixed-income securities, hoping for a stock market rebound later this year after a coronavirus-induced rout in oil prices prompted foreign investors to sell-off their holdings, market players said.
Businessmen in the Nigerian city of Lagos typically broker deals over cognac or champagne. But, on a sunny afternoon in the city's upmarket Victoria Island business district, a clutch of men celebrated with steaming coffee that cost 35,000 naira ($114) for a three-cup brew.
Nigeria's central bank has lifted restrictions on buying U.S. dollars to pay for milk imports for six firms, after measures introduced last year to boost local dairy production and conserve foreign currency reserves riled businesses.
When Nigerian chef Olasore Osidele became a vegan six years ago, people warned him that cutting out meat was questioning God's plan.
The Swiss blue-chip SMI was seen opening 0.2 percent lower at 9,627 points on Thursday, according to premarket indications by bank Julius Baer .
Italian coffee maker Lavazza will swallow the coffee business of U.S. food giant Mars Inc to expand its global reach, in a deal worth around $650 million, including debt.
* Q1 ENDED MARCH 2018 PROFIT BEFORE TAX OF 13.64 BILLION NAIRA VERSUS 14.28 BILLION NAIRA YEAR AGO
Executive pay is firmly in the crosshairs of Norway's $1 trillion sovereign wealth fund as it puts its votes to work at some of the more than 9,000 companies it is invested in.
More than 40 companies, including Britain's biggest supermarkets, Coca Cola, Nestle and Procter & Gamble, have bowed to growing pressure to tackle pollution by committing to cut plastic use over the next seven years.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.